Diös Fastigheter Interim report Jan-Sep 2018
Our property management income grew by 7 per cent and our loan-to-value ratio improved, and now stands at 54.6 per cent. As part of our urban development strategy, we have adopted the ambition to obtain environmental certification for all our properties.
- Rental income increase was 5 per cent and totals SEK 1 330 million (1 263)
- Property management income increase was 7 per cent and totals SEK 669 million (625)
- Unrealized changes in property values amounted to SEK 327 million (335) and for derivatives to SEK 16 million (21)
- Profit after tax was SEK 890 million (773)
- Earnings per share were SEK 6.59 (5.87)
− Developing our existing spaces and creating new spaces where the infrastructure is already in place is a sustainable long-term approach. As the market-leading player in all our cities, we are in a strong position to drive this development. Our position is unique, and I am very optimistic about all the opportunities we have to continue to create value for our shareholders and tenants and our cities, says Knut Rost, CEO.
For further information, please contact:
Knut Rost, CEO Diös Fastigheter
Phone: +46 (0)10-470 95 01
E-mail: knut.rost@dios.se
Rolf Larsson, CFO Diös Fastigheter
Phone: +46 (0)10- 470 95 03
E-mail: rolf.larsson@dios.se
This information is information that Diös Fastigheter AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 07:00 CEST on 25 October 2018.
Diös Fastigheter owns and develops both commercial and residential properties in prioritized growth cities. With a market value of approx. SEK 20.2 billion, a portfolio of 328 properties and a lettable area of 1,464,000 sq.m, our vision is to be the most active and sought-after landlord in our market. The market extends from Borlänge to Luleå, and the company’s head office is in Östersund. Since it started in 2005, the company has had continuous growth in the value of its property portfolio and its shares are listed on NASDAQ OMX Stockholm, Mid Cap. Find out more about Diös at www.dios.se
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